Perenco fires up Guatemala power plant

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Friday, June 27, 2014

Guatemalan President Otto Pérez and energy and mines minister Erick Archila kicked off operations of a Perenco power plant designed to reduce crude production costs.

Company output feeds the complex which boasts a 12MW fuel oil-fired unit and 2MW from natural gas, the government said in a statement.

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The plant is expected to save oil company Perenco, which represented 92.2% of January-May crude production, some 48mn quetzals (US$6mn) a year.

"The government has the obligation to see how crude production can improve and facilitate operations," said Pérez.

Authorities have been grappling with slipping production which in 2013 fell 5.7% to 9,987b/d.